Gound Chevrolet Company

$183,700 PPP Loan in Nacogdoches, Texas

Loan Details

Loan Number
5144217000
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$183,700
Current Approval
$183,700
Forgiveness Amount
$185,165
Forgiveness Date
Jan 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gound Chevrolet Company
Address
1015 North St
State
Texas
ZIP Code
75961-4418
Business Type
Partnership
Industry (NAICS)
Wholesale Trade (423110)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
$5.5M
Rural/Urban
Rural
Congressional District
TX-17

Loan Use Breakdown

Payroll
$147,000
Utilities
$36,700

Lender Information

Servicing Lender
Commercial Bank of Texas, N.a.
Originating Lender
Commercial Bank of Texas, N.a.

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